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Buy or sell: Gift Nifty trades flat, Vaishali Parekh recommends three stocks to buy today (opens original article in a new tab)

TL;DR

Indian stock market indices closed higher on 16 June 2026, supported by geopolitical tensions easing and falling oil prices, with Vaishali Parekh recommending three stocks for purchase.

  • The Indian stock market indices opened with a gap-up and closed in positive territory due to easing geopolitical tensions and falling Brent crude prices.
  • Vaishali Parekh recommended buying three stocks: Hero MotoCorp, Pine Labs, and M&M Financial Services with specific price targets and stop losses.
  • The Nifty 50 gained 0.98% to close at 23,853, while the Sensex advanced 0.97% to 76,264.33, with the Nifty facing resistance near 24,000.

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